Where & How to Buy WOO Network (WOO) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy WOO Network on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
Reading time 2 minutes

WOO Network coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy WOO Network this way. Follow our quick step guide below.

How to buy WOO Network quickly in 3 steps

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To buy WOO Network you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 2 crypto platforms for users based in

Paybis review
4.4
Paybis
Min. Deposit $4
Fees Variable
No. assets 90+
Demo account No

Paybis review

Huobi review
3.6
Huobi
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

Huobi review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy WOO Network token

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Locate the search box and type WOO. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own WOO Network tokens! Not a big deal, right?

Where to buy WOO easily

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The overall best platform to buy WOO Network for beginners is Paybis .

Here are the top five places to buy WOO Network, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Paybis: Best crypto platform for choice of payment methods

Read more about how we rate, rank and review platforms.

Best exchanges to buy WOO Network (WOO), reviewed

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We found 2 crypto platforms for users based in

How to trade WOO

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You can trade WOO Network on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how WOO crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of WOO/USDT is $1. You read the price charts and decide that now is a good time to start purchasing WOO.
  2. Open a trade: You trade one USDT for one WOO ($1 USD for 1 WOO).
  3. Continue to monitor the price: The following month, one WOO token is now worth $2, a 100% increase.
  4. Close your trade: You trade your WOO token back to USDT for $2.

In this example, you buy and sell WOO Network, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for WOO Network (WOO)?

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The simplest way to buy WOO Network cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for WOO.

  • Buy WOO Network with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy WOO Network with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store WOO Network (WOO)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of WOO Network then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best WOO Network wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy WOO Network?

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The answer depends on the current price and your own investment goals. Put simply, buying WOO Network, selling WOO Network, and trading WOO are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade WOO Network.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of WOO, then a good time to purchase WOO Network is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying WOO Network and selling it the next day probably isn’t why you’re here either.

How has WOO Network (WOO) performed this year?

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The current WOO Network price today is $0.35, which is -85.78% versus its all time high of $2.48, which it reached on 16 November 2021. WOO is +41.85% this year, with a 52 week high of $0.65 and a 52 week low of $0.11. 

Regardless, closely following WOO Network price news & analysis will help you decide when to pull the trigger.

Is WOO Network (WOO) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of WOO Network and its token to help you decide whether to invest in WOO.

  • WOO Network is a popular crypto exchange platform. It provides trading services to individual and institutional traders, which gives it a broad customer base that can cope with normal market cycles.
  • WOO Network has established partnerships with leading names in the crypto space. Woo is embedded in the BInance ecosystem, having received backing through Binance Labs. Woo is now an established part of the BNB chain. It also provides trading services to Kronos Research, a leading crypto market maker and one of the biggest names in the space.
  • Woo offers a range of services, so it isn’t reliant on a single source of income. Woo is a trading platform, but also a liquidity provider to other exchanges and a completely decentralized platform that offers DeFi services like lending and swaps.
  • There are a lot of other DeFi platforms competing for the same users. Woo is just one of many crypto exchange services, and the battle to be the backbone of the DeFi industry is fierce. You need to consider whether you think Woo is better placed than the rest to sustain itself over time.

In addition to these features, there are many more reasons why WOO Network is unique and might be worthy of your interest. To learn more about WOO Network and how it works, visit our beginner’s guide to WOO Network.

FAQs

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01

What’s the cheapest way to buy WOO Network (WOO }

Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...